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Capital Improvement Plan <br />City of Elk River, Minnesota <br />Project # Plan -02 <br />Project Name Comprehensive Plan <br />2020 thru 2024 <br />Department <br />Planning <br />Contact <br />Public Works Director <br />Type <br />Study <br />Useful Life <br />Unassigned <br />Category <br />City -Wide Development <br />Description <br />Jpdate the Comprehensive Plan, which includes the transportation plan and urban services district study, as part of the Hwy 169 Redefine project. <br />Justification I <br />With the Hwy 169 Redefine project an updated comprehensive and transportation plan and a study of urban services will aid all city departments in <br />heir prospective future planning. <br />Expenditures 2020 2021 2022 2023 2024 Total <br />Study 200,000 200,000 <br />Tom 200,000 <br />Funding Sources <br />City Development Fund <br />Street/Capital Improvement <br />Trunk Utility Fund <br />2020 2021 <br />75,000 <br />75,000 <br />50,000 <br />Total 200,000 <br />2020-2024 CAPITAL IMPROVEMENT PLAN <br />200,000 <br />2022 2023 2024 Total <br />75,000 <br />75,000 <br />50,000 <br />200,000 <br />